Quarterly ResultJun 8, 2026, 04:06 PM
Mama's Creations Q1 Revenue Up 50% to $52.8M; Net Income Jumps 66%
AI Summary
Mama's Creations, Inc. announced strong first-quarter financial results, with revenue soaring 50% to $52.8 million and net income increasing 66% to $2.1 million. Adjusted EBITDA also saw a significant jump of 71% to $4.9 million. The company highlighted operational successes including the launch of over a dozen new products with major retailers, securing Costco Everyday Item status for beef meatballs, and completing a critical ERP system transition. The company's cash position strengthened to $24.4 million.
Key Highlights
- Mama's Creations reported Q1 revenue of $52.8M, a 50% increase YoY.
- Net income rose 66% to $2.1M, with diluted EPS at $0.05.
- Adjusted EBITDA increased 71% to $4.9M.
- Cash and cash equivalents grew to $24.4M as of April 30, 2026.
- Launched over a dozen new items with major retailers including Wal-Mart and Target.
- Won Costco Everyday Item status for branded beef meatballs in San Diego.
- Completed ERP transition from legacy Bay Shore system.
- Total debt stood at $5.1M as of April 30, 2026.
Price Impact
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